Description
High density residential developer's dream in an ideal location in Old Town Flagstaff. Zoned HC, this property can conceptually fit up to 9 condos as full residential (Buyer to verify). Property is priced for the dirt, with numbers penciling very well for similar high density builds that are dotting the landscape. Existing structure conveys in as-is condition, with no assigned value. As this corridor continues to develop and the demand for housing rising rapidly, the opportunity is ripe to capture the upward trend. With the Standard student housing facility two blocks away and the dirt cleared on the 3 acres a half a block away for future development, coupled with limited supply of adequate infill parcels, this one demands a very close look with pen and paper.
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4BEDS
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0.31ACRES
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3BATHS
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01/2 BATHS
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2,422SQFT
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$330$/SQFT
School Ratings & Info
Description
High density residential developer's dream in an ideal location in Old Town Flagstaff. Zoned HC, this property can conceptually fit up to 9 condos as full residential (Buyer to verify). Property is priced for the dirt, with numbers penciling very well for similar high density builds that are dotting the landscape. Existing structure conveys in as-is condition, with no assigned value. As this corridor continues to develop and the demand for housing rising rapidly, the opportunity is ripe to capture the upward trend. With the Standard student housing facility two blocks away and the dirt cleared on the 3 acres a half a block away for future development, coupled with limited supply of adequate infill parcels, this one demands a very close look with pen and paper.
© 2021 Northern Arizona Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Arizona Living Realty. Data last updated: 2021-01-26T00:14:31.637.